Super Energy Power Plant Infrastructure Fund : Details of Asset as of 30 June 2022
August 09, 2022 at 05:16 am
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Super Energy Power Plant Infrastructure Fund
Details of Asset
1.
Details of Asset
:
Right of Net Revenue from 19 projects of very small power producer-
typed ground mounted solar power plant business of 17 Aunyawee Holding
Co., Ltd. and Health Planet Management (Thailand) Co., Ltd. which located in
8 provinces i.e. Patumthani, Saraburi, Samutsakorn, Samutprakarn, Prachinburi,
Sakaew, Phichit and Petchaboon. As per Power Purchase Agreements
with the Provincial Electricity Authority or Metropolitan Electricity Authority
(as the case maybe), the total maximum generation capacity of all projects
accounts for 118 megawatts. The period of the Net Revenue Transfer Agreement
starts from 14 August 2019 until the end of Power Purchase Agreements of
each project which lasted for approximately 21-22 years from 14 August 2019.
The longest Power Purchase Agreement will end by 26 December 2041.
2.
Operator
:
17 Aunyawee Holding Co., Ltd. and Health Planet Management (Thailand)
Co., Ltd. Both companies have appointed Super Energy Corporation Public
Company Limited, their parent company, to provide services in managing
all power plant projects.
3.
Appraisal Value *
:
THB 7,242,000,000 (as of 30 June 2022)
4.
Date of Valuation
:
12 July 2022
5.
Appraiser
:
15 Business Advisory Limited
The appraiser utilized income approach method in assessing the asset value since such assets are income-producing assets. The appraiser forecasted project revenues deducting project expenses (details as stipulated in the Net Revenue Transfer Agreement) over the remaining period of such agreement and calculated the asset value by discounting the Net Revenue result to present value at the discount rate of 7.20% p.a.
Investors may request for more details of the appraisal report from the Management Company.
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Super Energy Power Plant Infrastructure Fund published this content on 09 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2022 04:15:03 UTC.
Super Energy Power Plant Infrastructure Fund (the Fund) is a Thailand-based closed-end infrastructure fund, offering its units to public investors. The Fundâs key objective is to seek funds from investors and to invest in infrastructure businesses related to power plant and/or alternative energy. In addition, the Fund may also engage in activities within the scope allowed under the Securities and Exchange Commission Thailand (SEC) regulations and other relevant regulations, with a view to generate income and returns for the Fund and unitholders. This may include investment in other securities and/or deriving benefits from other means as prescribed by securities laws and/or other relevant laws. The Fund is managed by BBL Asset Management Company Limited (the Management Company).